Cairo – Mubasher: The ordinary general meeting (OGM) of Egypt Aluminum approved distributing a cash dividend of EGP 0.110 per share as well as 1-for-10 bonus shares for the fiscal year 2015/2016.
During FY 2015/16, the company posted a drop of 48.6% in profits to EGP 84.8 million as compared to EGP 165 million in the previous year.
Egypt Aluminum’s stock rose 3.18% to EGP 11.35 by 10:08am Cairo time on Thursday.
